3 Bed Terraced House, Single Let, Birmingham, B24 9RP, £190,000

Tyburn Road, Birmingham, B24 9RP - 10 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+10 photos

ValuationFair Value

Sold Prices£15.8K - £310K
Sold Prices/m²£185/m² - £3.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2K/m²

Value Estimate

£192,205

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£995 - £3,350

Rent Estimate

£1,100

Running Costs/mo

£834

Cashflow/mo

£266

Cashflow/yr

£3,195

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £15.8K to £310K, average is £183.8K. £185/m² to £3.2K/m², average is £2.1K/m².

PriceDateDistanceAddressBeds 
£160.5K08/210.13 mi35, Belvedere Road, Birmingham, West Midlands B24 9RN3
£190K02/230.13 mi168, Round Road, Birmingham, West Midlands B24 9SN3
£140K12/200.14 mi10, Spruce Grove, Birmingham, West Midlands B24 9TB3
£86K05/230.15 mi2, Glenthorne Road, Birmingham, West Midlands B24 9RB3
£192.5K01/230.15 mi71, Round Road, Birmingham, West Midlands B24 9QY3
£139K07/210.16 mi14, Bisley Grove, Birmingham, West Midlands B24 9RD3
£147K03/210.23 mi52, Firtree Road, Birmingham, West Midlands B24 9SH3
£225K11/210.23 mi13, Firtree Road, Birmingham, West Midlands B24 9SH3
£160K02/210.23 mi32, Firtree Road, Birmingham, West Midlands B24 9SH3
£190K01/210.24 mi790, Tyburn Road, Birmingham, West Midlands B24 9NU3
£170K07/210.25 mi46, Birches Green Road, Birmingham, West Midlands B24 9SR3
£114K09/230.25 mi46, Birches Green Road, Birmingham, West Midlands B24 9SR3
£140K06/210.26 mi63, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JR3
£187K07/210.28 mi34, Ismere Road, Birmingham, West Midlands B24 9SX3
£220K04/230.28 mi36, Ismere Road, Erdington, Birmingham, West Midlands B24 9SX3
£310K11/210.3 mi409, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9SD3
£202K09/230.3 mi407, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9SD3
£185K05/230.31 mi37, Tonbridge Road, Birmingham, West Midlands B24 8ED3
£238K06/210.32 mi450, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NQ3
£15.8K12/230.32 mi33, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£180K07/210.32 mi27, Erdington Hall Road, Birmingham, West Midlands B24 8JN3
£220K06/210.33 mi19, Bromford Lane, Erdington, Birmingham, West Midlands B24 8JT3
£178.5K03/210.33 mi11, Bracken Road, Birmingham, West Midlands B24 9NL3
£176K10/210.33 mi515, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NJ3
£202K05/230.33 mi537, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NJ3
£156.5K02/210.35 mi14, Shipley Fields, Birmingham, West Midlands B24 9BW3
£215K02/230.37 mi468, Tyburn Road, Birmingham, West Midlands B24 8EE3
£215K10/230.37 mi474, Tyburn Road, Birmingham, West Midlands B24 8EE3
£212K05/230.37 mi460, Tyburn Road, Birmingham, West Midlands B24 8EE3
£190K09/230.37 mi623, Holly Lane, Erdington, Birmingham, West Midlands B24 9NR3
£155K06/210.37 mi607, Holly Lane, Erdington, Birmingham, West Midlands B24 9NR3
£182.5K04/210.37 mi599, Holly Lane, Erdington, Birmingham, West Midlands B24 9NR3
£210K12/220.38 mi577, Kingsbury Road, Erdington, Birmingham, West Midlands B24 9NP3
£220K01/230.38 mi631, Holly Lane, Erdington, Birmingham, West Midlands B24 9NR3
£155K11/210.39 mi29, Alleyne Road, Birmingham, West Midlands B24 8EJ3
£172.5K11/220.4 mi120, Croydon Road, Erdington, Birmingham, West Midlands B24 8JL3
£160K12/200.41 mi37, Spring Lane, Birmingham, West Midlands B24 9BP3
£200K02/210.41 mi7a, Spring Lane, Birmingham, West Midlands B24 9BP3
£215K12/200.42 mi43, Tolworth Hall Road, Birmingham, West Midlands B24 9NE3
£245K02/210.42 mi10, Tolworth Hall Road, Birmingham, West Midlands B24 9NE3
£172K10/200.42 mi26, Alleyne Road, Birmingham, West Midlands B24 8EL3
£220.5K07/230.46 mi32, Quincey Drive, Erdington, Birmingham, West Midlands B24 9LX3
£172.5K09/210.46 mi75, Bracebridge Road, Birmingham, West Midlands B24 8JG3
£210K08/230.47 mi161, Wood End Road, Erdington, Birmingham, West Midlands B24 8BL3
£155K05/210.5 mi19, Bracebridge Road, Birmingham, West Midlands B24 8JQ3
£136.6K02/210.51 mi139, Church Road, Erdington, Birmingham, West Midlands B24 9BG3
£160K12/200.51 mi209, Wheelwright Road, Birmingham, West Midlands B24 8HR3
£150K01/210.52 mi197, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QX3
£296K01/230.53 mi194, Kingsbury Road, Erdington, Birmingham, West Midlands B24 8QY3
£210K07/210.55 mi2, Ryland Road, Erdington, Birmingham, West Midlands B24 8JH3

Local Rents

13 rents from £995/mo to £3.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£3,35002/240.07 mi-3
£1,20002/250.09 mi-3
£1,20012/240.1 mi-3
£99512/240.1 miTyburn Road, Birmingham3
£1,27503/250.2 mi-3
£1,10003/240.24 mi-3
£1,15004/250.24 mi-3
£1,10012/240.24 miSummerlee Road, Birmingham, B243
£1,20012/240.4 miKingsbury Road, Erdington, BIRMINGHAM3
£1,50009/240.51 mi-3
£1,10012/240.55 miTyburn Road, Erdington3
£1,25012/240.61 mi-3
£1,20002/250.62 mi-3

Local Area Statistics

Population in B24

28,259

Population in Birmingham

1,034,821

Town centre distance

3.97 miles away

Nearest school

0.30 miles away

Nearest train station

1 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+25%

Sales demand

Balanced market

Capital growth (5yrs)

+36%

Property History

Price changed to £190,000

September 26, 2024

Listed for £200,000

June 10, 2024

Floor Plans

Description

  • Two car driveway +
  • No upward chain +
  • Two reception rooms +
  • Large rear garden +
  • Great for commuting to Birmingham city +
  • Amenities close by +

SUMMARY
A SPACIOUS 3 BEDROOM MID TERRACED HOME with OFF RD PARKING for TWO CARS, TWO SEPARATE RECEPTION ROOMS, LARGE REAR GARDEN, NO UPWARD CHAIN and an IDEAL INVESTMENT BUY TO LET or FIRST TIME BUY!

DESCRIPTION
A spacious three bedroom mid terraced property that would be an ideal first time buy in a popular location for commuters into Birmingham city centre! This fantastic property offers many stand out features including of road parking for two cars, two separate reception rooms, large rear garden, three good sized bedrooms and much more! Book your viewing with Burchell Edwards today.

Entrance Hallway 
Double glazed door to front elevation, stairs to first floor accommodation, central heating radiator and tiled flooring.

Lounge 11' 11" plus bay x 11' 11" into recess ( 3.63m plus bay x 3.63m into recess )
Double glazed bay window to front elevation, central heating radiator and electric fire.

Dining Room 13' 11" max x 12' 2" max ( 4.24m max x 3.71m max )
Double glazed window to rear elevation, two storage cupboards and central heating radiator.

Kitchen 8' 8" x 8' 10" ( 2.64m x 2.69m )
Double glazed window and door to rear and side elevations, a range of wall and base units with work surface over incorproating a sink with drainer unit, gas hob, electric oven and extractor hood.

Landing 
Central heating radiator and loft access.

Bedroom One 13' 2" x 9' 5" max ( 4.01m x 2.87m max )
Double glazed window to front elevation and central heating radiator.

Bedroom Two 12' 11" x 9' 5" max ( 3.94m x 2.87m max )
Double glazed window to rear elevation and central heating radiator.

Bedroom Three 7' 5" x 10' 11" max ( 2.26m x 3.33m max )
Double glazed window to front elevation and central heating radiator.

Bathroom 
Double glazed window to rear elevation, wash hand basin, W.C, electric shower over bath, ventral heating radiator and tiling to walls.

Front Garden 
Driveway providing off road parking.

Rear Garden 
Laid lawn and slabbed patio area.

1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. These particulars do not constitute part or all of an offer or contract.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4. Potential buyers are advised to recheck the measurements before committing to any expense.
5. Burchell Edwards has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6. Burchell Edwards has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Agent Details

Burchell Edwards, Erdington

0121 387 6363

Next Steps?

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